Synopsys Stock Plummets: US-China Tech War Impact

Synopsys stock just plummeted 34% in its worst drop in 30 years! Restrictive US export rules are crippling business in China, the world's biggest chip market, forcing Synopsys to slash staff and revise forecasts. Is this a canary in the coal mine for the entire semiconductor industry amid US-China tech tensions? Hosted on Acast. See acast.com/privacy for more information.